Emergent Metals (CVE:EMR) Stock Price Up 15% – Should You Buy?

Emergent Metals Corp. (CVE:EMRGet Free Report) was up 15% during mid-day trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 11,000 shares traded hands during trading, a decline of 88% from the average daily volume of 90,314 shares. The stock had previously closed at C$0.10.

Emergent Metals Stock Performance

The stock’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.06. The stock has a market cap of C$3.69 million, a price-to-earnings ratio of -2.40 and a beta of 0.79. The company has a debt-to-equity ratio of 3.35, a current ratio of 0.11 and a quick ratio of 0.23.

Emergent Metals Company Profile

(Get Free Report)

Emergent Metals Corp. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for gold, silver, molybdenum, copper, base, and other mineral deposits. The company was formerly known as Emgold Mining Corporation and changed its name to Emergent Metals Corp.

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